InnSuites Hospitality Trust Completed A Debt-To-Equity Conversion Of $3M On August 19, 2026; Trust Continues To Pursue Strategic Alternatives, Including A Potential Reverse Merger Or Other Strategic Transactions, With Operational Initiatives Intended To Improve Hotel Gross Operating Profits.

InnSuites Hospitality Trust (NYSE:IHT) announced today that it has completed a Debt-to-Equity Conversion of $3 Million on August 19, 2026. This was the first step in aiding the Trust to once again regain compliance with the continued listing standard set forth in Section 1003(a)(i) of the NYSE American Company Guide.

As a result of the Conversion, IHT Total Equity once again exceeded the minimum required amount of $2 Million, with a Total Equity balance of $2,078,079 as of August 25, 2026. As a result of this Conversion, $3 million in Debt was eliminated, further strengthening IHT’s Balance Sheet.

The Trust timely submitted a compliance plan to NYSE American on July 24, 2026, advising NYSE American of actions the Trust has taken or intends to take to regain compliance with the continued listing standards. The 18-month cure period allows the Trust to regain compliance by/before December 24, 2027.

The Trust increased stockholders’ equity by approximately $3.0 million. The Trust continues to pursue strategic alternatives, including a potential reverse merger or other strategic transactions, with operational initiatives intended to improve hotel gross operating profits.